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By comparing it to neighbours, we estimate that it is a period apartment with 492 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 70-71, Princes Square is £539,350 and the estimated rental value is £2,634 per month.
The apartment is within 70, Princes Square, London, W2.
Princes Square, London, W2 is located in the borough of City of Westminster within the W2 postal district.
Flat 2, 70-71, Princes Square has a single entry in the Land Registry from August 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 70-71, Princes Square is in very good condition we estimate a sale value of £566,318 and a rental value of £2,766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,596 and a rental value of £2,450 per month.
Over the last 12 months the sale value of Flat 2 70-71 Princes Square has decreased by an estimated £11,545 (2.1%) and its rental value has increased by an estimated £130 per month (4.9%), giving an expected gross yield of 5.9%.
According to HM Land Registry, Flat 2, 70-71, Princes Square was last sold on 24th August 2015 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2015, the market for similar properties has dropped 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 70-71, Princes Square within a radius of 240 metres over the last 2 years.
The most recent example is Ground Floor Flat, 66, Princes Square, London, W2 4NY, a leasehold flat which sold for £6,675,000 on the 25th October 2024.
Read more about house prices in W2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 240 metres radius of Flat 2, 70-71, Princes Square over the last 2 years.
Most recently Flat 5, 28, Palace Court, London, W2 4HZ, a leasehold flat let by Fine Living in April 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Square, London, W2 has a total of 216 addresses. According to our analysis of all the public data, Flat 2, 70-71, Princes Square is the 167th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £513k less expensive than the average property in W2.
The nearest school is Hallfield Primary School which is 505 metres away. The nearest train station is Bayswater which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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